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REGISTERED NUMBER: 09650506 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Rovert Equipment Company Limited

Rovert Equipment Company Limited (Registered number: 09650506)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rovert Equipment Company Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Mrs H Gould





REGISTERED OFFICE: Military House
24 Castle Street
Chester
Cheshire
CH1 2DS





REGISTERED NUMBER: 09650506 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Rovert Equipment Company Limited (Registered number: 09650506)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 27,691 31,217
27,691 31,217

CURRENT ASSETS
Inventories 9,900 11,000
Debtors 6 18,497 33,631
Cash at bank and in hand 7,287 5,411
35,684 50,042
CREDITORS
Amounts falling due within one year 7 16,861 36,771
NET CURRENT ASSETS 18,823 13,271
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,514

44,488

CREDITORS
Amounts falling due after more than one
year

8

11,624

15,624
NET ASSETS 34,890 28,864

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 34,889 28,863
SHAREHOLDERS' FUNDS 34,890 28,864

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Rovert Equipment Company Limited (Registered number: 09650506)

Balance Sheet - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 March 2024 and were signed by:





Mrs H Gould - Director


Rovert Equipment Company Limited (Registered number: 09650506)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Rovert Equipment Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling, which is the functional currency of the company, rounded to the nearest £1.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - over the life of the lease
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Rovert Equipment Company Limited (Registered number: 09650506)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 11,700
AMORTISATION
At 1 July 2022
and 30 June 2023 11,700
NET BOOK VALUE
At 30 June 2023 -
At 30 June 2022 -

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2022 2,000 54,517 56,517
Additions - 416 416
At 30 June 2023 2,000 54,933 56,933
DEPRECIATION
At 1 July 2022 - 25,300 25,300
Charge for year - 3,942 3,942
At 30 June 2023 - 29,242 29,242
NET BOOK VALUE
At 30 June 2023 2,000 25,691 27,691
At 30 June 2022 2,000 29,217 31,217

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 8,058 22,131
Other debtors 10,439 11,500
18,497 33,631

Rovert Equipment Company Limited (Registered number: 09650506)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 1,517 8,386
Taxation and social security 2,128 3,506
Other creditors 9,216 20,879
16,861 36,771

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 11,624 15,624

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
1 Ordinary £1 1 1

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs H Gould.